In what year did My Salon Suite have 3 outlets in Pennsylvania at the start of the year?
My_Salon_Suite Franchise · 2025 FDDAnswer from 2025 FDD Document
| State | Year | Outlets at Start of the Year | Outlets Opened | Outlets Reacquired from Franchisee | Outlets Closed | Outlets Sold to Franchisee | Outlets at End of Year |
|---|---|---|---|---|---|---|---|
| 2022 | 0 | 1 | 0 | 0 | 0 | 1 | |
| Pennsylvania | 2023 | 1 | 2 | 0 | 0 | 0 | 3 |
| 2024 | 3 | 0 | 0 | 0 | 0 | 3 |
Source: Item 20 — OUTLETS AND FRANCHISEE INFORMATION (FDD pages 83–93)
What This Means (2025 FDD)
According to My Salon Suite's 2025 Franchise Disclosure Document, the company had 3 outlets in Pennsylvania at the start of 2024. The provided table in Item 20 of the FDD details the number of outlets at the start of the year, outlets opened, outlets reacquired from franchisee, outlets closed, outlets sold to franchisee, and outlets at the end of the year for the years 2022, 2023, and 2024.
Specifically, for Pennsylvania, the table shows the progression of My Salon Suite outlets. In 2022, there were no outlets at the start of the year, but one outlet was opened, resulting in one outlet at the end of the year. In 2023, there was one outlet at the start of the year, and two outlets were opened, bringing the total to three outlets by the end of the year. Finally, in 2024, My Salon Suite began the year with three outlets, opened no new locations, and ended the year with three outlets.
This information is crucial for potential franchisees as it provides insight into the growth and stability of My Salon Suite in Pennsylvania. The data indicates that while there was initial growth in 2023, the number of outlets remained constant in 2024. Prospective franchisees can use this information to assess the market saturation and potential for new My Salon Suite locations in Pennsylvania.